Originally Posted by George Castanza
Oh, ok. The college student has the answers. I should have known that. I used to be one. My 40 something years on this planet and 20+ years of business experience bow to your 4 years of textbook alearnin'. Wake up, Biff. The textbook world and the real world are quite a bit different. In the textbooks, Greed and arrogance doesn't really play a part. Someday,when you get your nose out of that book, maybe you'll realize it.
yeah, your 20+ years in selling AMWAY is a "real" for knowledge in how the world really works. that's why you are some lowly ass salesman whining on this forum and not a power player
outsourcing produces consumer markets..what do you think they are gonna buy? that's right, u.s. goods. where do remittances go? that's right, to the u.s. where do the profits of the consumed goods go? that's right, to the u.s.
despite what you think about a few billionaires, they do pay 90% of the taxes, b/c they hold 90% of the wealth. if you want to be a billionaire, get off of your lazy ass and do something about it. the difference between you and them is that they have motivation to do something, while you just whine about it. they didn't whine, they won. if money ain't your bag, then why are you crying about how rich they are?
you guys want to isolate the u.s. from the rest of the world...wake up people...what will happen to our 11 trillion dollar economy? that's right, it will end up being Cuba...what did Cuba do when the Soviet Union collapsed and stopped payments? That's right they closed up and went back in pre-industrial modes of economics. Fact of the matter is, in order to keep expanding and to maintain our economy, the U.S. has to adjust. Adjust means that it has to create new markets for consumption...if you do not est. businesses in developing countries, they cannot buy your goods. What does outsourcing do? it gives increased wages, thus increased standards of living to people in developing countries. why is that a good idea? because it gives them money to buy goods.
we aren't outsourcing intellegence. you folks are not connecting the dots...foreigners are getting an education in the u.s. they aren't just passing like fat ass americans who think that they an "A" is a right...they are working hard at gaining an education. then they are going back to their countries and creating businesses. that isn't because of outsourcing...that is because we let people study at u.s. universities and colleges. fat ass americans need to start waking up
who cares if the rich pay less percentage wise, it's still a but load of money they are paying in taxes...and what do they do with the rest? they invest it. and what do those investments do? they provide necessary capital for businesses that means more jobs because those companies can expand. bottom line, is that public companies are owned by shareholders. bill gates, dell, etc wealth is electronic paper, not some vast stores of gold sitting around under their mansions. what do public shares do, they provide cash for companies...so let's not overblow this wealth thing...at any given time, the wealthy do not have cash lying around great quanties (yeah they have money in the account) doing no good for the economy. their money is tied into the economy. yeah they make a profit, but what is that profit...it's more money within companies as shares.
you guys make it sound like they are hording money...if they cashed their shares, then you could argue that the rich are getting away with something...but reality is, they are wealthy on paper, but the vast majority is tied up and they cannot cash it out.